Gov. Luis Fortuño met with President Barack Obama briefly Tuesday during the latter’s visit to the island, discussing the progress of initiatives to boost the economy, strengthen public safety and establish a “fair and representative process to solve the status problem.”
President Barack Obama basked under the scorching noontime Puerto Rican sun upon arriving to Puerto Rico Tuesday, walking the 300-foot stretch between Air Force One and the hangar at the Muñiz National Guard Base in Carolina.
Hundreds of local public and private sector representatives gathered at the Muñiz National Guard Base Tuesday morning to get a glimpse of President Barack Obama and listen to his remarks to Puerto Rico upon arriving later this morning.
Ford Motor Company is marking a decade of fueling environmentally friendly initiatives on the island through grants bestowed to individuals and organizations. This year, the automaker will distribute $40,000 for those initiatives, adding to the $400,000 it has distributed since 2001.
Contract manufacturer Legacy Pharmaceuticals PR, LLC announced Monday investment plans to expand its Humacao complex, where it produces and packages a variety of over-the-counter and prescription drugs in tablet and liquid forms.
Three new hotels — including the first to incorporate a casino — are in the works for the island municipality of Vieques, representing a total investment of $55.1 million and the possibility of adding some 200 new rooms, News is my Business has learned.
M. Scott Donahey, who for more than two decades has professionally mediated in Internet- and technology-related intellectual property disputes, will be on the island this week to offer a conference sponsored by the Internet Society of Puerto Rico.
The Food and Drug Administration recently issued a warning letter to Bayamón fruit juice processing plant Jonlly Fruits Inc. over “serious violations” to current safety and sanitary regulations.
President Barack Obama will be landing on Puerto Rican soil at around noon next Tuesday, keeping the promise he made two years ago during a primary campaign stop on the island to come back if he won the elections.
Troy Wright, who steered Scotiabank de Puerto Rico through last year’s acquisition of R-G Premier Bank’s failing assets, is stepping down as CEO to join Scotiabank Group's operations in Canada as executive vice-president, retail distribution, Canadian banking, effective July 18.
Banco Popular de Puerto Rico will kick off the celebration of its 50th anniversary of service in the U.S. mainland with a lavish float at the National Puerto Rican Day Parade this Sunday.
Doral Financial Corp.’s stock has been on a rollercoaster ride on Wall Street this week, declining by 13.9 percent Wednesday, but climbing back 6.59 percent to $1.78 a share at the end of business Thursday.
The island’s persistently high unemployment rate dropped slightly to 16.2 percent in April, representing a 0.7 percentage point reduction from the 16.9 percent rate on record for the same month last year. When compared to March 2010, the current rate is also down, by 0.6 percentage points, Labor Department statistics released Thursday revealed.
In observance of International Year of Forests, FirstBank has joined Hospedería Rio Abajo Forest Cooperative and Educational Services and Alternative Tourism Trips under its One with the Environment program to educate 500 students from public schools in Arecibo and Utuado on the importance of protecting forests and their surroundings for their ecological value.
The Agriculture Department is sponsoring a junket to New York this week for a group of 11 Puerto Rican farming entrepreneurs looking for stateside buyers for a variety of locally grown products including oranges, soursop, mango, okra, star fruit, tamarind, squash, sweet peppers, tomatoes, onions, avocados, cilantro and oregano.
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